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Elcora Advanced Materials
(ERA)
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Rating:42Neutral
Price Target:
C$0.24
▼(-7.69% Downside)
Action:Reiterated
Date:09/26/26
The score is driven primarily by very weak financial performance (minimal revenue, persistent losses, negative equity, and ongoing cash burn), which implies high financing and execution risk. Technicals are also bearish with price below major moving averages, though oversold readings offer only limited support. Valuation is constrained by a negative P/E and no stated dividend yield.
Positive Factors
Debt reduction
Debt has declined from the prior annual snapshot, providing some evidence of reduced borrowing pressure and potentially lower financing needs. However, this remains only a modest offset because the company still has negative equity and limited financial flexibility.
Negative Factors
Minimal revenue base
Near-zero revenue across most reported periods indicates that the business has not yet established a stable commercial sales base. Without consistent revenue, operating costs cannot be reliably supported, making future growth dependent on successful execution and eventual customer adoption.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt reduction
Debt has declined from the prior annual snapshot, providing some evidence of reduced borrowing pressure and potentially lower financing needs. However, this remains only a modest offset because the company still has negative equity and limited financial flexibility.
Read all positive factors
Elcora Advanced Materials (ERA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$10.51M
Dividend YieldN/A
Average Volume (3M)0.00
Price to Earnings (P/E)―
Beta (1Y)-0.75
Revenue GrowthN/A
EPS Growth-112.50%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.14
Shares Outstanding42,029,700
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.46
Price to Book (P/B)-5.79
Price to Sales (P/S)0.00
P/FCF Ratio-3.63
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Elcora Advanced Materials Business Overview & Revenue Model
Company Description
Elcora Advanced Materials Corp. focuses on the exploration of mineral properties across Canada. The company, which was originally established in 2011, adopted its current name in February 2016, having previously operated as Elcora Resources Corp. ...
Elcora Advanced Materials Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
10
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Sep 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 120.98K | 0.00 | 0.00 |
| Gross Profit | 0.00 | -14.91K | 56.70K | -71.21K | -91.52K |
| EBITDA | -881.84K | -835.91K | -1.07M | -1.42M | -728.81K |
| Net Income | -1.08M | -1.00M | -1.26M | -1.60M | -959.09K |
Balance Sheet | |||||
| Total Assets | 2.75M | 1.95M | 1.72M | 1.86M | 1.66M |
| Cash, Cash Equivalents and Short-Term Investments | 684.02K | 206.64K | 14.60K | 15.21K | 309.13K |
| Total Debt | 2.04M | 1.62M | 1.13M | 939.47K | 887.46K |
| Total Liabilities | 3.97M | 4.29M | 3.17M | 2.19M | 1.81M |
| Stockholders Equity | -1.22M | -2.34M | -1.45M | -320.81K | -143.35K |
Cash Flow | |||||
| Free Cash Flow | -1.95M | -324.19K | -274.13K | -999.23K | -2.51M |
| Operating Cash Flow | -1.70M | -324.19K | -146.83K | -511.40K | -1.43M |
| Investing Cash Flow | -243.90K | 94.63K | -127.30K | -487.83K | -1.08M |
| Financing Cash Flow | 2.42M | 414.34K | 273.52K | 705.31K | 2.53M |
Elcora Advanced Materials Technical Analysis
Negative
0.26
Price Trends
0.27
Negative
0.27
Negative
0.29
Negative
Market Momentum
>-0.01
Negative
34.53
Neutral
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ERA, the sentiment is Negative. The current price of 0.26 is above the 20-day moving average (MA) of 0.25, below the 50-day MA of 0.27, and below the 200-day MA of 0.29, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 34.53 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ERA.
Elcora Advanced Materials Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
46 Neutral | C$23.28M | -2.45 | -162.70% | ― | ― | 68.78% | |
43 Neutral | C$1.94M | -1.90 | -160.27% | ― | ― | -56.55% | |
42 Neutral | C$10.51M | -1.86 | 223.52% | ― | ― | -112.50% | |
42 Neutral | C$3.98M | -6.40 | -50.61% | ― | ― | -67.39% | |
42 Neutral | C$3.34M | -0.40 | -313.02% | ― | ― | -462.29% | |
42 Neutral | C$1.65M | -1.31 | 305.07% | ― | ― | ― |
* General Sector Average
TSE:ERA
Elcora Advanced Materials
0.25
0.14
117.39%
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TSE:COS
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0.05
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-40.00%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.